“The primary purpose for which the Corporation is organized is to maintain and manage

water supply systems, construct, possess, use, operate, manage, maintain, rehabilitate,
remove, repair, improve and expand such waterworks, waste waterworks and treatment
facilities, including the laying of pipes, main valves, aqueducts and other construction
works related to the same and to the storage, conveyance, treatment, collection and/or
distribution of water and/or wastewater, in order to render water supply and sewerage
services to the general public; to collect such fees for such services; and for such
purposes, to negotiate, enter, make and execute and all contracts as may be necessary
under the circumstances obtaining.”

The Secondary Purposes are:

“1. Subject to existing laws and Constitution of the Philippines, to purchase, acquire,
possess, sell, lease, exchange, mortgage, and otherwise deal in and with such real
estate and personal property as may be necessary or convenient for its purposes, and
to purchase, lease, construct or in any other manner acquire buildings, store houses,
depots or interest and participation in the same.

2. To sell, lease, pledge, mortgage and otherwise encumber such real and personal
properties of the corporation for the purpose of securing the loan of third parties, subject
to limitations prescribed by law and the Constitution of the Philippines.

3. Conformably with law, to undertake and carry on any business venture or enterprise
incidental to the purposes of the corporation, which in any manner can be carried on by
corporations, and in this manner, to operate for its own benefit or agent contractor,
attorney or trustee for any other person, firm or corporation.

4. To borrow or raise money or funds for any of the purposes of the corporation and
from time to time without limit as to amount, to draw, make, accept, endorse, transfer,
assign, execute and issue promissory notes, drafts, bills or exchange, warrants, bonds,
debentures, and other negotiable and transferrable instruments, and evidence of
indebtedness for the purpose of securing any of its obligations or contracts and to repay
the same; and to convey, transfer, assign, deliver, mortgage and/or pledge all or any
part of the property or assets at any time held or owned by the corporation or its duly
authorized officers or agents shall determine and as may be permitted by law.

5. To merge, consolidate, combine or amalgamate with any corporation, firm,

association or entity hereto forth or hereafter created in such manner as may be
permitted by law.

6. To acquire, take over, hold and control all or any part of the business, goodwill,
property, shares and other assets or securities, and to assume and undertake the whole
or tiny part of the liabilities and obligations of any person, firm, association or
corporation, whether domestic or foreign, whether a going concern or not, engaging in
or previously engaged in business which The Corporation is or may become authorized
to carry on or which may be appropriate or suitable for the purpose of the Corporation
and to pay for the same in cash or in stock, bonds, or securities of the Corporation or
otherwise, and to hold, manage, the whole or part of any such acquisition, and to
exercise all the powers necessary or convenient for the conduct and management
thereof.

7. To enter into any lawful arrangement for sharing profits, union of interest, reciprocal
concession, or cooperation, with any corporation, association, partnership, syndicate,
entity, person or governmental, municipal or public authority, domestic or foreign, in the
carrying on of any business or transaction deemed necessary, convenient or incidental
to carrying our any of the purposes of this Corporation.

8. To enter, make, perform and carry out contracts and arrangements of every kind and
for any useful purpose, pertaining to the business of the Corporation, or in any manner
incidental, as principal, agent or otherwise.

9. To do and perform all acts and things necessary, in any part of the world, suitable or
proper for the accomplishment of any of the purposes herein enumerated or which shall
at any time appear conducive to the protection or benefit of the Corporation, including
the exercise of the powers, authorities and attributes conferred upon corporations
organized under the laws of the Philippines in general and upon domestic corporations
in particular.
10. To acquire any patents, copyrights, trademarks, licenses, concessions us and like,
conferring any exclusive or non-exclusive or limited rights to use any invention which
may seem capable of being used for any of the purposes of the Corporation; and to use
exercise, develop or grant licenses in respect of or otherwise turn to account the
property, rights or information in relation to the same.

11. To employ experts and make available their services in relation to managerial,
marketing, purchasing, scientific research, administrative, systems advisory, sales and
technical matters.

12. To enter into any arrangements with any government or authority, municipal, local or
otherwise that may seem conducive to the Corporation’s objects; and to obtain from any
such government or authority any rights, privileges, and possession which the
corporation may think it desirable to obtain; and to carry out, exercise and comply with
any such arrangements, rights, privileges and concessions.

13. To adopt means of making known and advertising the business and products of the
Corporation.

14. To sell, improve, manage, develop, exchange, lease, dispose of, turn to account or
otherwise deal with all or any part of the property and rights of the Corporation.

15. To take or hold mortgages, liens and charges to secure payment of the purchase
price or any unpaid balance of the purchase price, or any part of the Corporation’s
property sold by the Corporation or any money due to the Corporation from purchases
and others.

16. To establish and support in the establishment of associations, institutions, funds,

trusts, schemes, and arrangement calculated to benefit employees or directors or past
employees or directors of the Corporation or its predecessors; and to grant pensions
and allowances and to make payments towards such.
17. To carry on any other activities which may seem to the Corporation capable of being
conveniently carried on in connection with its business or calculated directly or indirectly
to enhance the value of or render profitable any of the Corporation’s properties or rights.